Short Interest in SRH Total Return Fund, Inc. (NYSE:STEW) Declines By 22.7%

SRH Total Return Fund, Inc. (NYSE:STEW) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 14,300 shares, a decrease of 22.7% from the February 13th total of 18,500 shares. Based on an average trading volume of 78,400 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. raised its stake in shares of SRH Total Return Fund by 6.4% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 401,936 shares of the company’s stock valued at $6,439,000 after acquiring an additional 24,005 shares in the last quarter. CSS LLC IL raised its stake in shares of SRH Total Return Fund by 0.7% in the fourth quarter. CSS LLC IL now owns 666,055 shares of the company’s stock valued at $10,670,000 after acquiring an additional 4,842 shares in the last quarter. Waverly Advisors LLC acquired a new stake in shares of SRH Total Return Fund in the fourth quarter valued at $241,000. Quantedge Capital Pte Ltd raised its stake in shares of SRH Total Return Fund by 10.8% in the fourth quarter. Quantedge Capital Pte Ltd now owns 193,203 shares of the company’s stock valued at $3,095,000 after acquiring an additional 18,800 shares in the last quarter. Finally, Millennium Management LLC acquired a new stake in shares of SRH Total Return Fund in the fourth quarter valued at $337,000. 15.61% of the stock is currently owned by institutional investors and hedge funds.

SRH Total Return Fund Stock Up 1.5 %

NYSE:STEW traded up $0.25 during trading hours on Monday, reaching $16.56. 32,881 shares of the stock were exchanged, compared to its average volume of 77,942. The business has a 50-day moving average of $16.50 and a two-hundred day moving average of $16.16. SRH Total Return Fund has a twelve month low of $14.19 and a twelve month high of $17.10.

SRH Total Return Fund Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 23rd will be paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date is Wednesday, April 23rd.

SRH Total Return Fund Company Profile

SRH Total Return Fund, Inc is a closed-ended balanced mutual fund launched and managed by Paralel Advisors LLC. Rocky Mountain Advisers, LLC serves as the Fund's sub-adviser. The fund invests in equity and fixed-income markets across the globe. It seeks to invest in securities of companies operating across diversified industries.